Daily Discussion, page-4828

It's very capitalistic to say, so apologies in advance, Buy when others are in Fear mode.

We also have to keep faith in the knowledge that the Lithium price will not stay low forever, China's economy will start to flourish again, ev & battery demand will be there in the future, for my mind the big catalyst is that small cap stocks struggle even compared to larger cap stocks, in a higher interest rate environment. As the cash rate starts to come down over the next couple of years, they are factoring in 1 basis point reduction by year end and stocks like RDN will like this very much and hopefully on the back of Lithium price starting to surge.

"The Commonwealth Bank is predicting a huge fall in interest rates next year and again in 2025.The major bank believes the cash rate will be lowered by 0.75 per cent by the Reserve Bank of Australia (RBA) over 12 months, starting in September 2024.It means interest rates could fall from 4.35 per cent to 3.6 per cent by the end of 2024"
nine.com.au 21 Dec 23
Cheers, Chris.